Paul Boughton
The IMF predicts a global growth of 4.6 per cent this year, falling to 4.3 per cent in 2011. Such growth will have a positive impact on the metals and minerals markets even though economic conditions on a global scale remain volatile.
The shift of wealth from the West to the East brings up both; challenges and opportunities for the mining sector. Mining companies have to balance short-term responses with long-term strategy and weigh the long timescales needed for major infrastructure projects, such as mine development.
The mining industry is fully impacted amid falling demand, low commodity prices, high operating and capital costs and falling share prices. New mines will soon be rare and mines which are underperforming need to be carefully scrutinised for potential closure.
On the other hand, there will be opportunities for cash rich companies to look beyond the downturn to make strategic acquisitions at bargain prices. Apart from countries like India & China, which have shown strong growth, there are potential areas especially in the Scandinavian region, which companies globally are looking at very closely.
The venue is Hilton Kensington, London, 25th & 26th January 2011.
The key speakers are:
Paul Anciaux, European Commission (Belgium), Directorate General for Enterprise & Industry.
Alpo Kuparinen, Ministry of Employment & Economy (Finland) Head of Mineral Policy Division.
Neill Arthur, Metallum Resources plc, Chairman.
Martin Wood, Association of Mining Analysts, (UK), Chairman
Karl-Axel Waplan, Northland Resources S.A. (Luxembourg)
President & CEO.
Jan Mostrom, Boliden AB (Sweden), President Business Area Mines.
Krister Söderholm, First Quantum Minerals Ltd (Finland),
Country Manager.
Randall Ruff, Carpathian Gold Inc (Romania), Executive Vice President Exploration.
John Visser, Rio Tinto Technology & Innovation (Australia)
Principal Advisor.
Samuel Akoitai, Marengo Mining (Papua New Guinea), Director.
Peter Albert, G-Resources Group Limited (Hong Kong), Chief Executive Officer.
Slavko V Solar, Geological Survey of Slovenia, Mineral Resource Geologist.
Per-Erik Lindvall, Luossavaara-Kiirunavaara AB (Sweden), Senior Vice President Technology & Business Development.
Dale Ekmark, Sydvaranger Gruve AS (Norway), Chief Operating Officer.
John Sanderson, Northern Iron (Australia), Managing Director & CEO.
Luis Martins, Direcção-Geral de Energia e Geologia (Portugal), Head of Minerals & Quarries Department.
Ivar Fossum, Nordic Mining (Norway), Chief Executive Officer.
Cindy Mogotsi, Impala Platinum (South Africa), Sustainable Development Manager - Group Reporting & Non Executive Director of South African Mining Development Association.
Patrick Chevalier, Department of Natural Resources Government of Canada
Director, Strategic Outreach & Partnerships Division
For more information, visit www.fleminggulf.com/energy/europe/global-mining-forum-2011
The shift of wealth from the West to the East brings up both; challenges and opportunities for the mining sector. Mining companies have to balance short-term responses with long-term strategy and weigh the long timescales needed for major infrastructure projects, such as mine development.
The mining industry is fully impacted amid falling demand, low commodity prices, high operating and capital costs and falling share prices. New mines will soon be rare and mines which are underperforming need to be carefully scrutinised for potential closure.
On the other hand, there will be opportunities for cash rich companies to look beyond the downturn to make strategic acquisitions at bargain prices. Apart from countries like India & China, which have shown strong growth, there are potential areas especially in the Scandinavian region, which companies globally are looking at very closely.
The venue is Hilton Kensington, London, 25th & 26th January 2011.
The key speakers are:
Paul Anciaux, European Commission (Belgium), Directorate General for Enterprise & Industry.
Alpo Kuparinen, Ministry of Employment & Economy (Finland) Head of Mineral Policy Division.
Neill Arthur, Metallum Resources plc, Chairman.
Martin Wood, Association of Mining Analysts, (UK), Chairman
Karl-Axel Waplan, Northland Resources S.A. (Luxembourg)
President & CEO.
Jan Mostrom, Boliden AB (Sweden), President Business Area Mines.
Krister Söderholm, First Quantum Minerals Ltd (Finland),
Country Manager.
Randall Ruff, Carpathian Gold Inc (Romania), Executive Vice President Exploration.
John Visser, Rio Tinto Technology & Innovation (Australia)
Principal Advisor.
Samuel Akoitai, Marengo Mining (Papua New Guinea), Director.
Peter Albert, G-Resources Group Limited (Hong Kong), Chief Executive Officer.
Slavko V Solar, Geological Survey of Slovenia, Mineral Resource Geologist.
Per-Erik Lindvall, Luossavaara-Kiirunavaara AB (Sweden), Senior Vice President Technology & Business Development.
Dale Ekmark, Sydvaranger Gruve AS (Norway), Chief Operating Officer.
John Sanderson, Northern Iron (Australia), Managing Director & CEO.
Luis Martins, Direcção-Geral de Energia e Geologia (Portugal), Head of Minerals & Quarries Department.
Ivar Fossum, Nordic Mining (Norway), Chief Executive Officer.
Cindy Mogotsi, Impala Platinum (South Africa), Sustainable Development Manager - Group Reporting & Non Executive Director of South African Mining Development Association.
Patrick Chevalier, Department of Natural Resources Government of Canada
Director, Strategic Outreach & Partnerships Division
For more information, visit www.fleminggulf.com/energy/europe/global-mining-forum-2011
